School district · Fulton County, KY

Fulton Indep School District's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Fulton Indep School District took in $5.5 million and spent $7.6 million.

Latest recorded year: ended June 30, 2024Comes fromGoes to

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Where it comes from

State tax money76%School district taxes20%Fines and other2.2%County and local tax money1.3%Federal tax money0.4%Fees for services (school lunches)0.3%

What stands out

4.8%

of Fulton Indep School District's money comes from taxes other than property, sales and income taxes.Most school districts with fewer than 5,000 students get none.

School district taxes20%

Property tax
15%$817 thousand
Other taxes
4.8%$264 thousand
What's in other taxesPublic utility taxes
  • Public utility taxes$264 thousand

Amounts are by Census tax category.

Fees for services0.3%

Fees for services
0.3%$17 thousand
What's in fees for servicesSchool lunches
  • School lunches$17 thousand

Amounts are by Census type of charge.

Federal tax money0.4%

Grants from Washington, paid for by the federal taxes residents also pay.

From the federal government
0.4%$22 thousand

State tax money76%

Money the state passes on, paid for by the state taxes residents also pay.

From the state
76%$4.2 million

County and local tax money1.3%

Money passed on by the county or other local governments.

From the county and other local governments
1.3%$70 thousand

Fines and other2.2%

Interest, rents and other
2.2%$120 thousand

Where it goes

Schools and colleges99%Interest on debt0.5%

Spending by category100%

Schools and colleges
99%$7.6 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$7.6 million
Interest on debt
0.5%$37 thousand
Sent to other local governments
<0.1%$1 thousand
What's in sent to other local governmentsSent to school districts
  • Sent to school districts$1 thousand
Sources and moreWhere these numbers come from and what they cover

Fulton Indep School District. U.S. Census Bureau, 2024 Annual Survey of State and Local Government Finances, individual unit file, fiscal year ended June 30, 2024.

What this covers. The money of Fulton Indep School District itself. Other governments that serve the same area (the city, county, school district and state) are separate and not included. Borrowing, transfers between a government's own funds, and pension trust funds are not counted as revenue.